Tag Archives: Michael Abramowicz

Decision markets will one day revolutionize governance, both public and private…

That’s the blurb that Robin Hanson wrote up for “Predictocracy“, Michael Abramowicz’s book. I don’t believe a single word of it. If prediction markets and decision-aid markets were so powerful, we would have had the evidence under our very nose, … Continue reading

Posted in Analysis (Meta), Collective Decision Making, Collective Forecasting, Collective Intelligence - Wisdom Of Crowds, Exchanges & Markets, Politics | Tagged , , , , , , , , , | 6 Comments

Third Workshop on Prediction Markets, July 9 in Chicago

The Third: July 9th, 2008 – 1:25pm Opening Remarks – 1:30 – 2:20pm: Session 1: Practical Applications and Experiences – Speaker: Emile Servan-Schreiber (1:30-1:45pm) Keys to successful implementation of an internal corporate prediction market (Emile Servan-Schreiber) – Speaker: Todd Henderson … Continue reading

Posted in Events & Meetings | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

CFTC’s Concept Release on the Appropriate Regulatory Treatment of Event Contracts

CFTC – (PDF file): CFTC’s Concept Release on the Appropriate Regulatory Treatment of Event Contracts – SUMMARY: The Commodity Futures Trading Commission (Commission or CFTC) is soliciting comment on the appropriate regulatory treatment of financial agreements offered by markets commonly … Continue reading

Posted in All Best Posts Ever, Analysis (Industry), Analysis (Meta), Exchanges & Markets, Finance, Regulations | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 24 Comments

The best researchers on prediction markets

CFM: Scholars Check that CFM page for updates. And contact me so I can make additions to the list. (I’ll then re-publish that updated list on Midas Oracle.) – Michael Abramowicz – Michael B. Abramowicz – (Law School, George Washington … Continue reading

Posted in People, Resources - References | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Predictocracy Book Review

I did a modest review of Michael Abramowicz’s new book: Predictocracy: Market Mechanisms for Public and Private Decision Making. You can read it here. In short, interesting, in an odd sort of way, yet worth the read. ~alex UsableMarkets

Posted in All Guest Authors's Posts, Analysis (Meta), Resources - References | Tagged , , , | 1 Comment

The 45-degree Line

Via Steve Roman, Michael Abramowicz.

Posted in Analysis (Accuracy & Precision), Exchanges & Markets | Tagged | Leave a comment

Predictocracy = Market Mechanisms for Public and Private Decision Making

Robin Hanson: [...] The main problem with using [Michael] Abramowicz’s book as a “technical manual”, however, is that he’s never actually seen, much less touched, most of the blocks he describes. His conclusions are not supported or tested by math … Continue reading

Posted in Analysis (Meta), Collective Decision Making, Collective Forecasting, Economics, Politics | Tagged , , , , , , , , , , , , , , | 2 Comments

Second Workshop on Prediction Markets – San Diego, California, U.S.A. – June 12, 2007

Second Workshop on Prediction Markets – San Diego, California, U.S.A. – June 12, 2007 — 8:30 – 8:35 Opening remark 8:35 – 9:30 Amit Gandhi, “Rational Expectations at the Racetrack : Testing Expected Utility Using Prediction Market Prices” (20 min) … Continue reading

Posted in Analysis (Meta), Events & Meetings | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The methodology of prediction market event study — Multiple Causes Edition — REDUX

Keith Jacks Gamble on Michael Abramowicz’s Gamble on Gambling on Keith Jacks Gamble’s Super Bowl Analysis Highlights: I agree that the simultaneity problem and the anticipation problem are confounding factors in assessing a player’s contribution to his team’s chance of … Continue reading

Posted in All Best Posts Ever, Analysis (Data), Analysis (Meta) | Tagged , , , , , , , , , , , , , , , , | 1 Comment

Predictocracy: Market Mechanisms for Public and Private Decisionmaking — THE MARKET WEB

Predictocracy: Market Mechanisms for Public and Private Decisionmaking – by Michael Abramowicz – 2007-xx-xx – (fall) Chapter: The Market Web – (towards the end of the book) — Michael Abramowicz: If prediction markets should become commonplace, decisionmakers might link to … Continue reading

Posted in Analysis (Meta) | Tagged , , , , , , , , , , , , , , , | 5 Comments